Financial
Distress signals
Property profile

24 Park Dr Hornell, NY 14843

FOR SALE
Other investment properties
Property ID
US63-0589318
5,270 SF 0.83 ac lot Built 1988
Last sale Dec 2018 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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24 Park Dr, Hornell, NY 14843 For Sale
$325,000 5,270 SF
24 Park Dr, Hornell, NY 14843
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Property summary

AI-generated overview

The property is a commercial multi-tenant building located in Hornell near the Finger Lakes region. It includes multiple commercial spaces that are configured for leasing and a coin-operated car wash area equipped with industrial vacuum systems. Additional income potential exists through onsite garage or storage space that can be used for further tenant or service arrangements. The building is positioned for customer visibility in the local area and is situated near major employers and educational institutions, including Alstom and Alfred State College/Alfred University.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$285k
Assessed land$78k
Assessed improvement$207k

Value estimate

· Sep 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$3k
Operating expenses−$14k
NOI · 10.03% cap applied$33k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$41/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$30 – $50

Cap rate analysis

How does the asset earn?
10.03%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
The purpose of this district is to provide areas for more intensive commercial activities that serve the broader community and region, ac...
General categoryCOMMERCIAL
JurisdictionSTEUBEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency22.4
Building Supply15.3
Auto Repair Shop14.8

Location

24 Park Dr Hornell, NY 14843
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
104-108 Loder, Hornell, NY 14843 $76,755 Aug 2023 5,376 SF
331 Canisteo, Hornell, NY 14843-2186 $76,500 Sep 2022 5,700 SF
31-35 Main St Conv, Hornell, NY 14843 $450,000 Jun 2021 6,600 SF
55 Broadway, Hornell, NY 14843-1919 $175,000 Feb 2021 4,269 SF
181 Seneca, Hornell, NY 14843-1335 $250,000 Jan 2021 5,926 SF
86 Riv, Hornell, NY 14843-2265 $169,900 Sep 2020 4,854 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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